Peru, Humala Admits Peruvian FTA Prevents Regional Integration

Posted on June 15, 2011 • Filed under: Argentina, Economy, Peru, Politics, South America reports that Peruvian president-elect Ollanta Humala told Argentinian president, Cristina Fernandez that he supported the Mercosur agreement. At the same time, he admitted that the free trade agreement (FTA) with other third world countries is an obstacle to other integration projects. The two presidents meet today, June 14th in the Olivos presidential residence in Buenos Aires. Mercosur is a trade agreement for the Andean region that comprises of Argentine, Brazil, Paraguay, Uruguay and Peru along with other Andean nations. The two presidents talked about cooperation in the fight against drug trafficking and improving security in the two countries. Humala also addressed the idea of creating a minister position to deal with the problems of Peruvians living abroad. President Fernandez said that she would “love” to attend the inauguration of Humala in Lima during the hosting of the president-elect in Argentina.Read Article

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